, on Monday said it has secured an order worth ₹673 crore from public sector enterprise Steel Authority of India Ltd’s (SAIL’s) IISCO Steel Plant.
The industrial infrastructure engineering, procurement and construction company is set to work on a 4.08 mtpa crude steel expansion project for IISCO Steel Plant in Burnpur comprising two key packages under the expansion project.
The Coke Oven BOP (Balance of Plant) Package – COB-3 (excluding civil and structural works) is valued at ₹376.56 crore, while the Sinter Plant BOP Package – SP-2 (including civil and structural works) is valued at ₹296.77 crore.
The aggregate contract value stands at ₹673.32 crore. The projects are scheduled to be executed over a period of 30-33 months, further enhancing SEPC’s long-term revenue visibility and execution pipeline.
In a statement, the managing director of SEPC, Venkataramani Jaiganesh, said, “India’s steel industry is entering a phase of sustained capacity expansion driven by infrastructure development, manufacturing growth, and the nation’s long-term economic ambitions. We believe this order positions SEPC favourably to participate in this transformation while strengthening our order book and enhancing future revenue visibility.”
(This article was written by BL intern Mahalakshmi G)